Argentina Hires New Lawyers in Debt Battle

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Julie Wernau Argentina is putting on a new face for the judge who will ultimately decide the outcome for a 15-year debt battle that has locked the country out of capital markets. The Argentine government said Tuesday that New ...

Japan Shares Remain Under Pressure

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

Shares in Japan continued to stumble Wednesday, hitting their lowest level since October 2014 as concerns persisted about the health of the global economy. The Nikkei Stock Average was last down 1.7% to 15820.62, adding to its 5.4% decline the ...

Asahi Offers About $3.5 Billion for Peroni, Grolsch

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

TOKYO?Asahi Group Holdings Ltd. has offered to buy two European beer brands that SABMiller PLC and Anheuser-Busch InBev NV want to sell to address regulatory concerns about their planned merger, according to a person familiar with the matter. The offer ...

Italy's Industrial Production Unexpectedly Declines in December

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Liam Moloney ROME--Italy's industrial production fell unexpectedly in December, posting a decline in all sectors but one, a sign that the country's economic recovery remains fragile after emerging from its longest postwar recession. Industrial output in the eurozone's third-largest ...

Asian Rubber Futures End Lower on Broader Market Weakness

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Lucy Craymer Tokyo rubber prices came under pressure during the day session following weakness in markets across the region. The Nikkei Stock Average closed down 2.3% at 15713.39 and is currently at its lowest level since October 2014 when ...

Hopes for Recovery in UK Industry Dented After Output Fell Again in Dec

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Jon Sindreu and Jason Douglas LONDON--The decline in U.K. industrial production accelerated in December, official figures showed Wednesday, denting hopes for a tentative recovery in the sector this year. Industrial output dropped 1.1% on the month, the Office for ...

Pentagon Budget Heightens Focus on Extremism -- 2nd Update

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Gordon Lubold and Doug Cameron The Pentagon wants to spend an additional $200 million on operations against the Islamic State extremist group and other militants in North Africa, part of a broader counterterrorism push that will be funded in ...

New Hampshire Exit Polls Show Anxious Voters -- Update

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Aaron Zitner Republicans are worried about an economic downturn and the prospect of another terror attack on U.S. soil. Democrats see a rigged economic system they say favors the wealthy. Surveys of voters leaving their polling places during the ...

Algonquin to Buy Empire District for $2.4 Billion

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

Canada's Algonquin Power & Utilities Corp. has struck a $2.4 billion cash deal to buy Empire District Electric Co. The deal, which is expected to close in the first quarter of 2017, would expand the company's regulated utility footprint in ...

New Hampshire Exit Polls Show Anxious Voters -- 2nd Update

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Aaron Zitner Democrat Bernie Sanders united young voters and liberals worried about income inequality. Republican Donald Trump built a broad blue-collar coalition worried about illegal immigration, uneasy about terrorism and eager for a candidate who "tells it like it ...

Plan to Convert FX Loans Threatens Stability: Polish Central Bank

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

WARSAW?Poland's banks are well capitalized and in good shape but the president's plan for a conversion of foreign-currency mortgage loans into zloty loans at below-market rates threatens the financial sector's stability, the central bank said Wednesday. The legislative proposal presented ...

Staples and Office Depot Merger Gets EU Approval

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

Staples Inc. said Wednesday that it got European Union approval to buy Office Depot Inc., as the merger of office supply giants continues to face pushback from U.S. antitrust regulators. Staples said if the deal closes, the combined company will ...

Asian Rubber Futures End Lower on Broader Market Weakness

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Lucy Craymer Tokyo rubber prices came under pressure during the day session following weakness in markets across the region. The Nikkei Stock Average closed down 2.3% at 15713.39 and is currently at its lowest level since October 2014 when ...

Oil Prices Bounce Up in Tight Range

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Biman Mukherji Oil prices edged up in Asia on Wednesday, but were trading in a narrow range because supply isn't expected to fall in the near term. On the New York Mercantile Exchange, light, sweet crude futures for delivery ...

German Companies More Optimistic Than Ever -- DIHK Survey

TODAY: Feb. 10, 2016 PUB DATE: Feb. 10, 2016

By Andrea Thomas BERLIN--Business sentiment among German companies reached a record high, according to a survey published Wednesday, suggesting that the country's economy might weather current global uncertainties better than expected. The German Chambers of Commerce, or DIHK, said its ...